Spread before costs (cost unknown: a leg has no order-book sample)−0.144%
7d average—if it closes, per $10,000$14funding while held, a day+$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit PENGU_USDC-PERPETUAL | 0.008714 | 0 | get 0.0000% / 1h | 10m 29s | $22K | $4K | 10x |
| Short | Binance PENGUUSDT | 0.008701 | 0.0100 | get 0.0050% / 4h | 10m 29s | $37.4M | $112.4M | 75x |
Deribit PENGU_USDC-PERPETUAL
Binance PENGUUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$14.38
- Funding while held
- $3
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$28.38
- Spread needed to break even
- 0.170%
Slippage unknown: Deribit: no order-book sample; Binance: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0100%
- Per $10,000 a day
- +$3.00
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Deribit no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 4 min ago | 0.57 bp | 9.4 bp −$9 | 17.3 bp −$173 | 64.2 bp −$6,416 | doesn't fit |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
PENGU price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni0.008692cheapestBingX0.008694+0.023%Gate0.008695+0.035%Extended0.008696+0.045%Bybit0.008696+0.046%Arcus0.008700+0.092%01 Exchange0.008700+0.092%OKX0.008701+0.104%
ApeX Omni
BingX
Gate
Extended
Bybit
Arcus
OKXBinance0.008701+0.109%
Bitget0.008706+0.161%Reya0.008711+0.222%Backpack0.008712+0.230%BloFin0.008713+0.242%Aevo0.008714+0.253%SoDEX0.008714+0.253%
Bitget
Reya
Backpack
BloFin
Aevo
SoDEXDeribit0.008714+0.253%
Nado0.008715+0.265%Orderly0.008715+0.265%gTrade (Gains Network)0.008716+0.275%MEXC0.008716+0.276%KuCoin0.008716+0.276%GMX0.008717+0.288%Pacifica0.008721+0.334%dYdX0.008727+0.403%Kraken Futures0.008728+0.414%Lighter0.008728+0.414%Aster0.008728+0.418%Hyperliquid0.008731+0.449%Variational Omni0.008742+0.576%HTX0.008756+0.736%Coinbase International0.008822+1.496%SunX0.008924+2.669%Injective0.009138+5.131%
Nado
Orderly
gTrade (Gains Network)
MEXC
KuCoin
GMX
Pacifica
dYdX
Kraken Futures
Lighter
Aster
Hyperliquid
Variational Omni
HTX
Coinbase International
SunX
InjectivePENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni PENGUUSDT | −0.252% | +0.0100% | 1h | $75K | $251K | 50x | as long as short |
| BingX PENGU-USDC | −0.230% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Gate PENGU_USDT | −0.218% | +0.0098% | 4h | $3.8M | $10.1M | 75x | as long as short |
| Extended PENGU-USD | −0.208% | +0.0104% | 1h | $193K | $665K | 10x | as long as short |
| Bybit PENGUUSDT | −0.207% | +0.0100% | 4h | $21.9M | $22.7M | 75x | as long as short |
| Arcus PENGU-USD | −0.161% | +0.0100% | 1h | $4K | $9K | 5x | as long as short |
| 01 Exchange PENGUUSD | −0.161% | −0.0080% | 1h | $168 | $28 | 5x | as long as short |
| OKX PENGU-USDT-SWAP | −0.149% | +0.0100% | 4h | $7.7M | $36.7M | 50x | as long as short |
| Binance PENGUUSDTshort | −0.144% | +0.0100% | 4h | $37.4M | $112.4M | 75x | |
| Bitget PENGUUSDT | −0.092% | +0.0100% | 4h | $8.7M | $8.3M | 75x | as long as short |